Friday, January 06, 2012

Senate, general polls around corner

ISLAMABAD - The PPP has again vowed defiance on the issue of writing to Swiss authorities  as ordered by the Supreme Court – saying that President Asif Zardari enjoys constitutional immunity. However, it has been decided that PPP-led government will hold early Senate and general ...

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NATIONAL More

  • Senate, general polls around corner

    ISLAMABAD - The PPP has again vowed defiance on the issue of writing to Swiss authorities  as ordered by the Supreme Court – saying that President Asif Zardari enjoys constitutional ...

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  • Taliban slay 15 FC soldiers

    PESHAWAR - The banned Tehreek-e-Taliban Pakistan claimed on Thursday to have killed 15 Frontier Constabulary personnel, who were kidnapped from Mullazai Fort in Tank on Dec 23, to avenge the killing ...

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  • Raucous NA talks new provinces

    ISLAMABAD -The divergence of opinion at treasury benches over initiating the debate on creation of new provinces on Thursday led to walkout of ANP from the National Assembly, while MQM after locking ...

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  • Chinese PM vows closer military ties with Pakistan

    BEIJING  – Chinese Prime Minister Wen Jiabao met with Pakistani Army Chief General Ashfaq Parvez Kayani on Thursday, vowing to support closer military exchanges between the two ...

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  • Another ‘power jolt’ in the offing

    ISLAMABAD - Water and Power Ministry has formally sought 15-20 per cent increase in electricity price from National Electric Power Regulatory Authority (Nepra) in a desperate bid to fetch multi ...

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  • 2nd SC notice to Babar in 2 days

    ISLAMABAD – Hearing Zulfikar Ali Bhutto reference case on Thursday, the Supreme Court issued notice to the federation’s counsel and PPP leader Babar Awan, asking him as to why his licence ...

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  • No plans for Afghan-like war, says Obama

    WASHINGTON  - President Barack Obama unveiled a strategy on Thursday for a leaner US military focused on countering China’s rising power while signalling a shift away from large ground ...

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  • 17 students released

    Peshawar - Taliban on Thursday released 17 students after over three months of captivity who mistakenly crossed the border from the country’s northwest into Afghanistan, officials said.More ...

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  • US to deliver F-16 jets this month

    ISLAMABAD – US Ambassador Cameron Munter Thursday said his country respects the assessment that Pakistani Parliamentary Committee on National Security is carrying out for new terms of ...

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  • US regards Kashmir as disputed territory

    WASHINGTON - The United States has refused to give into an Indian govt demand that official US maps show Jammu and Kashmir as part of India, saying the Himalayan State is a disputed territory that ...

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  • Hafeez briefs PCNS on economic situation

    ISLAMABAD - Minister of Finance Dr Abdul Hafeez Sheikh on Thursday briefed the Parliamentary Committee on National Security (PCNS) about existing economic situation especially its impact on the ...

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  • Govt lawyers to skip hearing

    MIAN DAWOODLAHORE – The PPP-led Federal Government has directed the federation’s law officers not to appear before a Lahore High Court (LHC) full bench set up to hear two constitutional ...

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  • British aid worker abducted in Quetta

    QUETTA - Unknown gunmen abducted an employee of the International Committee of Red Cross (ICRC) in the provincial capital on Thursday.Deputy Inspector General of Police (DIG) Operations Nazir Kurd ...

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  • Army not interested in dislodging govt: Nawaz

    ISLAMABAD– PML-N President Nawaz Sharif has said that the Army was not interested in dislodging the government and the establishment was encouraging politicians to join a particular party, a ...

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  • 35 million votes are bogus, claims Fazl

    KARACHI - Chairman Kashmir Committee and Chief of JUI-F Maulana Fazlur Rehman on Thursday said that holding of premature general elections in the country was not against the Constitution of the ...

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  • String of bombings leaves 68 dead in Iraq

    BAGHDAD - A wave of attacks against Shias killed at least 68 people on Thursday, the worst toll in nearly five months, as Iraq grappled with a weeks-long political row that has stoked sectarian ...

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  • US presidential hopeful Romney to ‘influence’ Pakistan

    PETERBOROUGH, New Hampshire - Republican White House hopeful Mitt Romney said Wednesday that diplomacy was like dealing with a child and vowed to find ways to “influence” Pakistan to ...

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  • Gas pipeline blown up in Dera Bugti

    QUETTA - Unidentified people blew up a 16-inch diameter gas pipeline in Pir Koh area of Dera Bugti on Thursday, suspending supply to the gas purification plant in Sui while two security personnel ...

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  • PML-N suggests general amnesty in Balochistan

    QUETTA - PML-N central leader Siddiqul Farooq has suggested general amnesty for disgruntled Balochs to resolve the Balochistan issue.“To address the grievances of Balochistan people, the ...

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  • 3 murdered over old enmity in Rawalpindi

    RAWALPINDI - Three men were murdered in a bloody clash occurred at Mareer over old enmity, within the limits of Police Station (PS) Civil Lines here on Thursday.Soon after the incident, the area ...

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  • Fazl warned of ‘tit-for-tat’ for criticising Imran

    PESHAWAR - Former federal minister and leader of Pakistan Tehreek-e-Insaf Khwaja Muhammad Khan Hoti Thursday warned JUI Chief Maulana Fazlur Rehman not to criticise the personal life of his leader ...

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  • Science exhibition held at UoP

    PESHAWAR - A one-day science exhibition was held here at the College of Home Economics, University of Peshawar, wherein over 40 posters and 45 models were on display in order to show the creativity ...

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  • ‘Wrong’ policies implicated country into crises: Sabir

    TARBELA GHAZI - Pakistan Muslim League-Nawaz, Khyber Pakhtunkhwa chapter, President Pir Sabir Shah has said the rulers have looted the country, which is confronted with a maze of multifarious ...

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  • Talks only if militants quit terror activities, says Bilour

    SWABI - Senior Minister, Khyber Pakhtunkhwa, Bashir Ahmad Bilour Thursday said the provincial government would make some vital amendments to the local government system, following which the local ...

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  • 12 E&T suspended officials reinstated

    PESHAWAR - Following the recommendations of Khyber Pakhtunkhwa Government, DG Excise and Taxation reinstated 12 suspended employees of Excise and Taxation on Friday. The suspended employees were ...

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  • ‘Leaders are traders, not politicians’

    MULTAN - Pakistan Tehreek-e-Insaf (PTI) Central Leader Makhdoom Javed Hashmi lamented on Thursday that the leaders in national political circuit were more businessmen than politicians who delivered ...

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  • Leaders are traders, not politicians

    MULTAN - Pakistan Tehreek-e-Insaf (PTI) Central Leader Makhdoom Javed Hashmi lamented on Thursday that the leaders in national political circuit were more businessmen than politicians who delivered ...

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  • Slow pace of work draws ire

    PAKPATTAN - Divisional Commissioner Qazi Mohammad Ashfaq has took serious notice of the slow pace of work on the going development projects in Pakpattan district. He was chairing a meeting held at ...

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  • Robbers snatch Nato tanker

    KOT ADDU - A Nato oil tanker was snatched by armed men in Sultan Colony here. The oil tanker (615 TLT) was on its way to Kabul from Karach when armed persons got controlled of the tanker near Sultan ...

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  • Democracy achieved after great sacrifices

    NOORPUR THAL – The parliament is not a rubberstamp and the present democratic government could not be destabilised through hatching conspiracies, as political and democratic system has been ...

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  • DHQ burn unit plan in doldrums

    SIALKOT - The project of establishment of a well-equipped burn unit at the DHQ Hospital Sialkot was in the doldrums, as the Sialkot Finance Department has refused to provide the required funds of ...

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  • Impounded vehicles rusting in dump

    NANKANA SAHIB – The lethargy of police department is a well-known fact to all and sundry but the department is also not interested in averting this image.According to details, anti-vehicle ...

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  • Robbers’ reign of terror continues

    OKARA - In various incidents of theft, robbery and dacoity, local people were deprived of cash, gold ornaments and motorcycles in separate incidents. In the first incident, a resident of Hujra Chawk, ...

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  • Miladun Nabi (SAW) plan declared

    SADIQABAD - The Makazi Anjuman Miladun Nabi Committee of district Rahim Yar Khan has announced the schedule for 52nd 12-day annual celebrations of Eid Miladu Nabi (SAW) in the district. The meeting ...

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  • Motorcyclist knocked to death

    DINGA – A 30-year-old motorcyclist was hit to death by a speeding car here on Kharian-Dinga Road near Mauza Chanan in the Dinga Police precincts on Thursday. As per detail, Asjad was on his way ...

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  • Dozens booked for protesting gas cuts

    SADIQABAD - The district police have registered a case against dozens of CNG and transport owners and workers including their association leaders for blocking traffic, delivering instigative speeches ...

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  • Public co-op termed vital to curb crime

    SAHIWAL - Regional Police Officer Khaliq Dad Lak has stated that the police cannot control the crime without the active support of the people and the dream of a crime-free society can only be ...

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  • Police take three months to book ‘rapists’

    KOT ADDU - On court orders, the police have registered a case against four gang rape accused after three months of the incident. Huseena married Zahid Husain over two years ago and was divorced after ...

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  • Black coats rally against federal, Punjab govts

    MULTAN - The lawyers staged a demonstration against federal and Punjab governments for not fulfilling their promise to establish a lawyer colony in Multan here on Thursday. A large number of black ...

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  • Talks lead to release of hostage family

    NAROWAL - The police succeeded in securing the release of the family of a serviceman who was taken hostage by an armed man after six hours long negotiation here in Bajjar village, situated in the ...

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  • Fertilisers dealer booked

    TOBA TEK SINGH -A fertilizer dealer of Adda Khikha allegedly involved in selling substandard fertilizer to the farmers was arrested here on Thursday. As per detail, DDO Agriculture Ch Khalid Mahmood ...

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  • PCGA threatens to stop cotton purchase from 10th

    MULTAN - The Pakistan Cotton Ginners Association (PCGA) has hurled a threat that ginning factories will stop purchasing cotton from January 10 if the government does not start buying cotton through ...

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  • JI members to take oath on 6th

    TOBA TEK SINGH - A meeting of Jamaat-e-Islami Majlis Shoora will be held on Jan 6. JI District Ameer Maulana Abdul Malik will preside over the meeting. Where new shoora members will also take oath ...

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  • DBA strike enters second day

    TOBA TEK SINGH -The members of District Bar Association (DBA) observed strike for the second consecutive day here against the issuance of notices to DBA President Rana Zafaur Rehman to vacate 403 ...

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  • Poor DSL service flayed

    HAVELI LAKHA - A person has demanded that better DSL service should be provided for the consumers here.The complainant said that when PTCL launched the service in Haveli Lakha, the local people hired ...

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INTERNATIONAL More

  • 25 dead, 150 missing in Philippine landslide

    PANTUKAN, Philippines - At least 25 people were killed in the southern Philippines on Thursday when a landslide buried gold prospectors who had refused to leave an area declared too dangerous for ...

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  • Last US Marine faces trial

    CALIFORNIA - After years of appeals and delays, the last US Marine charged over the 2005 killings of 24 civilians in the Iraqi town of Haditha faces a court martial on Thursday in California. United ...

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  • Four Palestinian homes razed

    JERICHO - Israeli troops on Thursday demolished four villas near the ancient city of Jericho, which Israel said endangered a nearby archaeological site, sources on both sides said. An AFP ...

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  • Blasts rock north Nigeria

    KANO, Nigeria- Bomb blasts have rocked northeastern Nigerian cities under a state of emergency as an ultimatum from Islamists for Christians living in the area to leave expired, officials said ...

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  • Mount Etna spewing ash clouds

    ROME - A column of hot ash spewed high into the sky from Italy's Mount Etna on the Mediterranean island of Sicily on Thursday, as Europe's highest active volcano rumbled back to life, officials said. ...

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  • Villepin to testify in corruption affair

    PARIS  - French presidential candidate Dominique de Villepin will offer testimony as part of an investigation into illegal campaign financing in the 1995 election, a case which has put President ...

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  • Hindu fanatics flew Pak flag to create tension

    BANGALORE - Six members of a right-wing Hindu group have been arrested in India’s southern Karnataka state for raising Pakistan’s national flag on a government building, reported BBC on ...

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  • US senators extend support to Haqqani

    WASHINGTON  - Three US senators John McCain, Joseph Lieberman and Mark Kirk on Thursday demanded of Pakistan to prevent the judicial commission investigating former ambassador Husain Haqqani and ...

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  • Pakistan backs Russia’s push for probe into Libya deaths

    UNITED NATIONS - Pakistan threw its weight behind a Russian move for a full-scale investigation into the civilian casualties in Libya during NATO’s deadly bombing campaign to help the Libyan ...

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  • It’s always difficult to reach post-revolutionary closure

    As Arab revolts began last year, it was inevitable that people would compare them to the collapse of communism in Eastern Europe.And that comparison suggests that the emancipation of Arab societies ...

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  • Rivals who may need each other

    Five years after western governments sought to turn the West Bank into a model of statehood for Palestinians, the Palestinian National Authority (PNA) that runs it is being cast adrift — ...

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  • Talking with the Taliban

    The Taliban’s announcement that they plan to open an office in Qatar and possibly begin peace negotiations deserves a close look and a full draught of skepticism.This is the same group of ...

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  • Airstrikes and the decline of western prestige

    Portents of declining US and Western prestige marked the closing months of 2011. There is of course the ongoing economic crisis, and the inability to respond to it effectively. But another sign was ...

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  • Reach out to moderates Taliban

    The Taliban have announced that they want to open an office in the Gulf region, mentioning Qatar as a possible site. This is obviously controversial since the Taliban are formally at war with ...

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  • Prison fight in Mexico kills 31

    WASHINGTON - A fight between rival gangs inside a prison in northern Mexico left 31 inmates dead in the latest violence to erupt inside the country's overcrowded jails, local officials said on ...

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  • Black UK man sorry for race row

    LONDON - A black British lawmaker apologised Thursday for a Twitter comment saying that white people "love playing divide and rule", a day after two men were jailed for the country's most notorious ...

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  • 18 die in China bus accident

    BEIJING  - At least 18 people were killed, including one child, after a speeding, overloaded tourist bus veered off an icy highway bridge in southwest China, local authorities said Thursday. The ...

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  • Prosecutor asks death sentence for Mubarak

    CAIRO - A prosecutor in Hosni Mubarak's trial on Thursday demanded the death sentence for him and his former security chief, saying the fallen Egyptian president had ordered the killings of ...

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  • Kabul to close security firm after Brits found with guns

    KABUL - Afghanistan's interior ministry said on Thursday it would dissolve a security company whose employees were detained in Kabul with 30 unregistered AK-47 assault rifles.The detained suspects, ...

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  • Karzai orders transfer of US prison to Afghan control

    KABUL - Afghan President Hamid Karzai on Thursday ordered the transfer of the US military prison at Bagram to Afghan control within a month, citing reports of human rights violations there.Karzai ...

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  • Fistfight in Somali parliament over speaker election

    MOGADISHU - Fistfights erupted in Somalia's parliament late Wednesday as lawmakers elected a new speaker in a move condemned by the troubled nation's president as "null and void".Several supporters ...

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  • South Korea says ready for talks with hostile North

    SEOUL  - South Korea reached out to rival North Korea on Thursday, nearly three weeks after the death of the North's iron-fisted ruler Kim Jong-il, saying it wanted to reopen dialogue despite ...

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SPORTS More

  • India struggle to avoid humiliation

    SYDNEY - Triple centurion Michael Clarke put team interests ahead of personal glory as Australia moved towards a crushing win over India in the second Test in Sydney on Thursday.Captain Clarke, ...

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  • Afridi not to become captain again

    KARACHI  (Agencies) - "Heartbroken" after his controversy-marred stint as skipper last year, flamboyant Pakistan all-rounder Shahid Afridi has vowed never to accept the national cricket team's ...

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  • France topple Spain to reach Hopman final

    PERTH  - France kept alive their hopes for a first victory at the Hopman Cup, advancing to the final after beating Spain 2-0 at the mixed teams tournament in Western Australia on Thursday.The ...

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  • Federer and Nadal breeze into last eight of Qatar Open

      DOHA - Roger Federer and Rafa Nadal kept on course for a meeting in the opening ATP final of the season as both eased into the quarter-finals of the Qatar Open here on Wednesday.Federer, the ...

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  • Newcastle stun Man United

    LONDON  - Newcastle sent Manchester United spinning to their second consecutive Premier League defeat on Wednesday to give Manchester City a vital edge in the title race.Goals from Demba Ba, ...

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  • Malik, Zaka devise security plan for visiting teams

    ISLAMABAD - Pakistan Cricket Board (PCB) chairman Zaka Ashraf Thursday called on Minster for Interior Rehman Malik to discuss security arrangements for the visit of Bangladesh cricket team. It was ...

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  • Finn out to impress

    DUBAI (Agencies)- England pace bowler Steven Finn is hoping he can transfer the skills honed during his recent stint in New Zealand into the upcoming Test series against Pakistan.The Middlesex bowler ...

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  • Argentine hockey team likely to tour Pakistan in March

    ISLAMABAD – Argentine hockey team is likely to Visit Pakistan in March this year, said the ambassador of Argentine to Pakistan Rodolfo J Martin Saravia on Thursday. He expressed confidence over ...

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  • Umar Akmal, Aizaz Cheema vow to defeat England

    LAHORE – Pakistan middle order batsman Umar Akmal says though the chances of scoring century at number six are less yet he would try his best to steer the team to victory with his good ...

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  • Lanka on verge of innings defeat in final Test

    CAPE TOWN- Sri Lanka were in danger of an innings defeat after losing 12 wickets on the third day of the third and final Test against South Africa at Newlands on Thursday. Sri Lanka were 138 for four ...

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  • Clijsters eases into semis, Kanepi upsets Petkovic

    BRISBANE  - Kim Clijsters avoided following U.S. Open champion Sam Stosur out of the Brisbane International tournament when she beat Iveta Benesova 6-3, 6-2 Thursday to advance to the ...

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  • Inter Varsity Netball reaches semis stage

    ISLAMABAD - Government College University Faisalabad, Punjab University and Karachi University won their matches on the second day of All Pakistan Inter Varsity Women Netball Champion by beating ...

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  • Punjab Olympic body elected

    LAHORE – Syed Shahid Ali and Idris Haider Khawaja were elected President and Secretary respective of Punjab Olympic Association for a third successive term at a general council meeting on ...

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  • Sialkot, Bannu, Gojra win in Inter Academy Hockey

    LAHORE - Sialkot, Bannu and Gojra registered wins in the second Pakistan Hockey Federation (PHF) Inter Academy Hockey Tournament on Thursday at Sialkot Hockey Stadium. Sialkot outclassed Faisalabad ...

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  • Kuznetsova advances at Auckland

    AUCKLAND- Former world number two Svetlana Kuznetsova cemented her Auckland Classic title credentials with an effortless 6-4, 6-3 victory over Italy's Sara Errani in the quarter-finals Thursday.The ...

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  • Federal Amateurs Golf starts today

    ISLAMABAD: Federal Amateurs Golf Championship sponsored by Zong will start at Islamabad club on Friday (today) and conclude on Sunday, said Zahid Arbab, Secretary Federal Golf Association (FEGA) in a ...

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  • Punjab Open Polo Cup

    LAHORE - Santiago Mendivil’s superb seven goals guided PICIC Insurance to 8-3 win over PAF Blues in The Bank of Punjab Lahore Open Polo Tournament here at the Lahore Polo Club on Thursday. ...

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ENTERTAINMENT More

  • Demi Moore fears being unlovable

    LOS ANGELES  - Actress Demi Moore, who recently ended her six-year marriage to Ashton Kutcher, says her worst fear is finding she is “not worthy of being loved”.In an interview ...

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  • Brown banned from interviews after row

    R&B star Chris Brown has been banned from participating in interviews by his management team after questions about former girlfriend Rihanna dominated his last album’s promotion. The Kiss ...

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  • Barbie to get some Kardashian gal pals

    LOS ANGELES  - Is Barbie cosying up with the Kardashians? Celebrity magazine Us Weekly reported on Wednesday that the world’s most famous doll was getting three high-profile new friends ...

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  • Catherine takes on royal roles

    LONDON  - Prince William’s wife Catherine has become the patron of a series of British charities as she takes on a greater royal role less than a year after their marriage, officials said ...

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  • Rare Moon mineral found in Australia

    SYDNEY - A mineral brought back to Earth by the first men on the Moon and long thought to be unique to the lunar surface has been found in Australian rocks more than one billion years old, scientists ...

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  • French flock to homegrown hits

    PARIS  - An intrepid boy reporter, a black manservant and his paralysed aristocrat master, and French actors adrift in Hollywood helped make 2011 France’s best box office year in nearly ...

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  • U2 stars toast Spider-Man success

    U2 stars Bono and The Edge have hailed late theatre producer Tony Adams following the success of their Spider-Man musical.The two musicians began work on Spider-Man: Turn Off The Dark after Adams ...

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  • Pentagon-backed ‘time cloak’ stops the clock

    PARIS  - Pentagon-supported physicists on Wednesday said they had devised a “time cloak” that briefly makes an event undetectable.The laboratory device manipulates the flow of light ...

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  • Man uses iPad to cross US border

    A Canadian man who forgot his passport managed to cross the border into the US - using a copy he had scanned on to his iPad. Martin Reisch, from Montreal, presented the US border office with his ...

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  • Men, women more different than thought

    WASHINGTON  - Mars and Venus are much further apart than previously thought — and we’re not talking about planets. In research published Wednesday, three European psychologists, ...

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  • ‘Lost world’ of sea life thrives on Antarctic sea floor

    WASHINGTON - A seven-pronged starfish, a mysterious pale octopus and a new kind of yeti crab are among a teeming community of previously undiscovered life on the sea floor near Antarctica, British ...

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  • Doctors to remove man’s 90kg tumour

    HANOI  - A man left unable to walk by a tumour on his right leg that weighs more than the rest of his body went under the knife in Vietnam on Thursday to have the growth removed, hospital ...

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  • US twin births have doubled

    ATLANTA  - The number of twins born in the United States has doubled in the last three decades largely as a result of fertility treatments, with one in 30 infants born in 2009 a twin, the ...

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BUSINESS More

  • Economic targets: SBP, ministry not on the same page

    ISLAMABAD - Terming the economic targets little ambitious, the State Bank of Pakistan (SBP) on Thursday noted that country’s budget deficit and current account deficit could go beyond the ...

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  • Rupee continues to take the beating

    KARACHI - The Pakistani rupee plunged to fresh historic low against the US dollar on Thursday, dealers said.The dollar recorded strength against the rupee in the interbank market, dealers said. It ...

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  • ADB approves $270m for Khanki Barrage construction

    LAHORE – Secretary Irrigation Punjab Irfan Elahi has said that Asian Development Bank (ADB) has approved an ADF Soft loan of $270 million for the construction of new Khanki Barrage project as ...

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  • Stock market loses 174 points on foreign-led panic selling

    KARACHI - The Karachi stock market witnessed panic selling across the board on Thursday on renewed foreign selling, led by blue-chip oil stocks.The KSE 100-index decreased 1.47 percent or 174.09 ...

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  • Pervaiz for speeding up urea supply from Gwadar Port

    ISLAMABAD - Minister for Industries and Defence Production Chaudhry Pervaiz Elahi Thursday directed the concerned officials to further speed up the transportation operations and supply of urea from ...

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  • Search for new hydrocarbon reservoirs muted

    LAHORE – The search for new hydrocarbon reservoirs in the country continued to remain muted in 1HFY12 as only 6 exploratory wells were spudded similar to that of last year, experts said. ...

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  • Pakistan, Indonesia to sign PTA this month

    PESHAWAR  - The economic and trade ties between Pakistan and Indonesia have entered into a new phase of development as both the countries have finalized Preferential Trade Agreement (PTA) in ...

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  • Campaign launched against book pirates

    LAHORE -Oxford University Press (OUP), one of the leading publishing houses for school textbooks in Pakistan, is engaged in intensive countrywide efforts to clamp down on book pirates. As a part of ...

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  • Union seeks meeting with PIA chairman

    KARACHI - Joint Action Committee of PIA Employees (JACPIAE) on Thursday requested the management to arrange its meeting with Defence Minister & Chairman PIA before finalising PIA business plan ...

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  • International media applauds achievements of Bahria Town

    ISLAMABAD – Bahria Town, Asia’s largest private real estate developer, has been making progress not only within the country but the efforts are also being realised globally. International ...

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  • NIT’s Golden Jubilee gift

    KARACHI - National Investment Trust (NIT) is coming up as pioneer of yet another value-added innovative facility of NIT/Summit Bank Co-Branded ATM card for its unit holders with collaboration of ...

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  • UBL Students Sports Arena

    KARCHI – UBL in alliance with IBA held a ground-breaking ceremony for the ‘UBL Students Sports Arena – IBA’ at the IBA university, says a press release. This event was a ...

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  • NLC shins at health festival

    LAHORE – New Lahore City participation in Family Health Festival, a week-long health-focused event held at Metro Thokar Niaz Baig, Hyper Star and The Mall of Lahore, says a press release.The ...

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  • GSK’s ‘Orange Day’

    KARACHI – “There should be no room for hopelessness; life is full of opportunities and we should maximise them,” exclaimed Areeba, a student from the SOS Village School and a ...

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  • Smeda starts new project

    QUETTA - Small and Medium Enterprises Development Authority (SMEDA) launched a programme for legal empowerment of informal micro businesses here on Thursday.Funded by the United Nations Development ...

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  • NBP repairs 10 flood-hit schools

    KARACHI – National Bank of Pakistan has rehabilitated 10 flood-damaged public sector schools and provided furniture, equipment and installed tube-wells for drinking water in the schools in ...

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  • PIA gets $100m financing

    KARACHI - Pakistan International Airlines has closed a $100m Sharia-compliant financing facility, says a press release.The facility was arranged by Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank NA ...

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  • Meezan Bank Shariah Board meets

    LAHORE - The 18th Shariah Supervisory Board meeting of Meezan Bank Limited was held at the Darul Uloom Korangi, the meeting was chaired by Justice (Retd.) Muhammad Taqi Usmani; other members of the ...

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  • SECP registered 271 companies in December

    ISLAMABAD - The SECP has registered 271 companies during the month of Dec 2011. A total of 3,596 companies were registered during the calendar year 2011 as compared to 3,137 during 2010, reflecting ...

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  • Gold rate rises

    KARACHI, - Gold moved up by Rs 171 to close at Rs 47,142 per 10 grams in the local market Thursday as its international price improved to $ 1,615 an ounce, market sources said. According to Karachi ...

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  • Conversion rates

    KARACHI  - The following rates will be applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special U.S. Dollar ...

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  • USAID, ASF join hands for agri business project

    LAHORE - The United States Agency for International Development (USAID) and Agribusiness Support Fund (ASF) will jointly implement a five-year USAID’s Agribusiness Project to increase ...

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  • Chambers finalise arrangements for sit-in

    LAHORE – Arrangements for all Punjab Chambers backed sit-in against gas closure to industry in the province scheduled for January 7 (Saturday) have been finalized.Thousands of industrialists, ...

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  • Forex reserves rise to $16.92b

    KARACHI  - Pakistan’s foreign exchange reserves rose to $16.92 billion in the week ending Dec. 30, compared with $16.77 billion the previous week, the State Bank said on Thursday.Reserves ...

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